By Paul Cornell
* the single publication out there devoted to the What-If capabilities and instruments outfitted into Excel, that are key to many company research situations.
* concentrated and to the purpose – the place different Excel books strength the reader to plow through 100’s of pages of similar details and devote hours of studying, this booklet will get instantly to the subject of educating the reader approximately What-If situation instruments in Excel.
* deals the private educational remedy of the Solver add-in, the target Seeker and the opposite What-If state of affairs research instruments, in a pragmatic, hands-on workouts method of utilizing Excel to get company effects.
Read or Download Beginning Excel what-if data analysis tools : getting started with Goal Seek, data tables, scenarios and Solver PDF
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Additional info for Beginning Excel what-if data analysis tools : getting started with Goal Seek, data tables, scenarios and Solver
In fact, scenarios allow you to substitute up to 32 changing cell values at a time. The number of scenarios stored in a worksheet is limited only by the computer’s available memory. A scenario summary report can show up to 251 scenarios side by side or in a PivotTable for comparison. qxd 10/27/05 10:19 PM Page 41 CHAPTER 3 ■ SCENARIOS How Do I Use Scenarios? To create new scenarios or work with existing scenarios, select the worksheet containing either the existing scenarios or the cell values and formulas that you want to serve as the basis of your scenarios, and then click Tools ➤ Scenarios.
In the By Changing Cell box, type or click cell B3. 6. Click OK, and click OK again. 75% interest rate, and a $1,100 monthly payment is $132,465. qxd 10/27/05 11:34 PM Page 11 CHAPTER 1 ■ GOAL SEEK Goal Seeking for the Mortgage Term Determine what the term would be given a $225,000 loan amount, a 7% interest rate, and a $1,423 monthly payment. 1. In cell B3, type 225000. In cell B5, type 7%. 2. Click Tools ➤ Goal Seek. 3. In the Set Cell box, type or click cell B6. 4. In the To Value box, type -1423.
In this function, Rate is the interest rate (cell B2 divided by 12), Nper is the total number of payment periods (cell B3), and Pv is the savings account’s present value (cell B1). qxd 10/27/05 11:11 PM Page 29 CHAPTER 2 ■ DATA TABLES One-Variable Data Table to Forecast Savings Account Details To create the one-variable data table, start with the data on the One-Variable Interest Rates worksheet, as shown in Figure 2-9. Figure 2-9. 00 increments. Do the following to create the data table and format the results: 1.